Pacgold's White Dam Mine: Gold Recovery Boost

0:00On this March 9th in Sydney, here's what is making headlines. Pat Gold is wrapping up efforts at its white damn Gold mine in South Australia to recover extra gold from old heap leech material. The company plans a re-crush campaign on the top layer of the pad, a common industry move to extract ounces left in Corsa Rocks after initial. Processing. This could bring near-term cash flow with minimal new spending. New crushing gear, including a medsil screen and cone crusher, is heading to the site soon. Once set up, it should handle about 350 tons per hour after a short ramp-up. Recent rains might even help by boosting water levels needed for leeching. Managing Director Matthew Boyz says they're primed to start, highlighting white damn as a low-risk way to restart production. The site has solid history, having produced 180,000 ounces from 7.5 million tons of ore at a grade of 0.9. 4 grams per ton gold. They're awaiting assay results from pad samples and lab tests to pin down recoverable gold

1:02for the 2026 to 2027 period. The mine still holds a 4.6 million tonne resource at 0.7 grams per ton, worth about 102,000 ounces, excluding pad leftovers. With gold prices above $5,000 US dollars or $7,000 Australian dollars per ounce, even small recoveries could fund exploration. Elsewhere, like projects in Queensland, this positions white damn as a quick win for pack-old shift to producer status. The Daily News Now is presented by our sponsor. It is a pillow that plays your podcast and music without earbuds, built for listening in bed, S-O-L-L-I-SoliPillow.com.